Business News

Rwanda Development Board announces investment opportunities in the Kivu Belt, hotbed for luxury, leisure tourism

According to tourism statistics, the industry registered more than US $ 340m in revenues in 2015 indicating a 10% increase from 2014 October 4, 2016/Rwanda Development Board The Rwanda Development Board (RDB) (www.RDB.rw) today held a press conference to announce the Africa Hotel Investment Forum that is happening in Kigali, […]

Hilton Expands Presence in Nigeria with Signing of Hilton Lagos Airport

Murtala Muhammed International Airport Location for New Hilton Hotels & Resorts Property as Hilton Doubles its Presence in Africa October 4, 2016/Hilton Worldwide Hilton has announced the signing of a management agreement with Quality Inspection & Testing Services Limited to open a 350 guest-room and suite hotel at Lagos’ Murtala […]

Cautious Optimism for Investors in Sub-Saharan Africa Hotel Sector

Investor sentiment for hotels in Sub-Saharan Africa remains positive despite economic headwinds in key markets, according to the latest JLL research into the sector October 4, 2016/JLL Investor sentiment for hotels in Sub-Saharan Africa remains positive despite economic headwinds in key markets, according to the latest JLL research (http://APO.af/4zhrDO) into the […]